Skip to main content

lhatheway5_Sarinya Pinngam  EyeEm_meeting Sarinya Pinngam/EyeEm/Getty Images


苏黎世——长期以来,投资者一直在争论,他们的投资组合是应该主动管理,还是被动跟踪市场指数,但这种讨论正在变成一场余兴节目。令人振奋的是,人们的注意力正转向最重要的事情:有关战略性资产配置的主动决策,这在很大程度上决定了随后的投资回报。套用上世纪60年代米尔顿•弗里德曼(Milton Friedman)的话,我们现在都很活跃。



We hope you're enjoying Project Syndicate.

To continue reading, subscribe now.


Get unlimited access to PS premium content, including in-depth commentaries, book reviews, exclusive interviews, On Point, the Big Picture, the PS Archive, and our annual year-ahead magazine.;
  1. haass105_Gustavo BassoNurPhoto via Getty Images_amazon Gustavo Basso/NurPhoto via Getty Images

    The Amazon and You

    Richard N. Haass

    Sovereignty entails obligations as well as rights, and where compliance cannot be induced, pressure must be applied. And though positive incentives to encourage and enable compliance would be preferable, Brazil's government is showing that there must be sticks where carrots are not enough.

  2. GettyImages-1151170958 ADRIAN DENNIS/AFP/Getty Images

    The Meritocracy Muddle

    Eric Posner

    Although populism in Western democracies is nothing new, resentment toward elites and experts has certainly been on the rise. Does this trend reflect a breakdown in the system, or a system that is actually working too well?


Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated Cookie policy, Privacy policy and Terms & Conditions